CFO Moves: Columbia Laboratories, LodgeNet Interactive, EVO Payments

Columbia Laboratories Inc., a pharmaceutical company based in Livingston, N.J., hired Jonathan B. Lloyd Jones as its chief financial officer. He succeeds Lawrence A. Gyenes, who was terminated without cause, according to a regulatory filing. Mr. Gyenes will remain with the company until Jan. 31 and be available to assist with the transition thereafter, according to a press release. Mr. Jones was most recently CFO at TetraLogic Pharmaceuticals. At Columbia he will receive a base salary of $285,000, 200,000 stock options, and he will have an annual bonus target of 40% of his base. Mr. Gyenes received compensation in 2011 valued at $675,767, according to a proxy filing. Columbia plans to relocate its headquarters to Boston in the first half of 2013.

LodgeNet Interactive Corp., a media systems provider to hotels and healthcare companies based in Sioux Falls, S.D., named Chief Financial Officer Frank Elsenbast interim co-CEO of the company, along with general counsel James Naro. Together they succeed Rich Battista, who is leaving the company in the wake of a strategic review that ended with a $60 million infusion from Colony Capital, according to a press release. Mr. Elsenbast received compensation in 2011 valued at $534,900, according to a proxy filing.

EVO Payments International LLC, a payment processor based in Melville, N.Y., hired Kevin Hodges as its chief financial officer. He succeeds Alon Kindler, who has shifted to the role of chief accounting officer and will now report to Mr. Hodges, according to a spokesman. Mr. Hodges was most recently in a senior financial position at Global Payments Inc.

Deloitte's Financial Reporting Alert discusses certain key accounting and financial reporting considerations related to the current economic conditions in the eurozone and Puerto Rico, including a summary of financial reporting implications that would result from a country's decision to exit the eurozone and an outline of disclosures recommended by the SEC in 2012 about European sovereign debt.